FACEBOOK TROUBLES

Facebook tried very hard to price its stock at the market value so that the stock would NOT rise on opening day. The reason IPOs do not usually price their stock at the estimated market value is that the value may be too high, as Facebook has learned.

The other lesson is that, even if you are under 30, you can NOT handle an IPO, birthday, and getting married, all in the same week.

Facebook badly needs to change the topic.

May I suggest that they use some of their new money and make an offer to purchase Yahoo? I think the cultures of Yahoo and Facebook would make a nice fit. It would also give people something new to talk about.